the end of the year, we are facing what could be the mother of all tax hikes because all those bush tax rates you allude to, not just for the wealthy, everybody, they all expire at the stroke of midnight on the new year. when we have hundred of millions of spending cut that kick in. so if they do it will to stop that, we are looking at something that the most optimistic economist estimate will slice a full percentage point off the gross domestic product. considering that's the amount we're growing, one full percentage point that could throw us back to recession. the killer here in the city nothing is being done about it. both sides waiting to see the outcome of the election. you think about it, after that, you have more than seven weeks to get your proverbial fiscal act together. the two sides extremely far apart. likelihood of something bad happening unless a miracle happens is pretty good. >> here is an example of what will happen if the tax cuts expire. tax increase for families between $412 to $14,000 for those making $400,000 and above. elec on the minds of the politicians. are you